43A Nelson Avenue, Belmore NSW 2192

43A Nelson Avenue, Belmore NSW 2192
Brand new semi-detached | 5 beds on 724mΒ² lot | Auction sale | Adjacent comparable sold $2.25m This property presents a rare, new-build offering in a suburban context, providing immediate modern living without renovation cost or delay. Its five-bedroom, three-bathroom format on a substantial lot is competitively strong for large families or multi-generational living, directly serving buyers seeking space and contemporary finishes in a settled location. The proximity to village amenities and transport underpins its utility, positioning it as a long-term primary residence. Key decision factors centre on auction acquisition risk and suburb performance. Belmore’s recent negative growth trajectory introduces valuation risk, potentially impacting short-term equity. The commercial logic involves securing a premium over smaller, older comparables, justified by its superior specifications and capacity. Acquire through disciplined bidding at auction, then hold as a primary residence to offset rental yield limitations with utility. * **43 Nelson Avenue:** Sold for $2,252,000. 3 beds, 1 bath, 720.8mΒ², 2 car spaces. * **Inference:** The subject property’s higher bedroom/bathroom count and new condition command a premium, but the adjacent sale establishes a firm value anchor near $2.25m for the land parcel.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Belmore presents as a well-established suburb with strong transport links, appealing to both families and investors. Demand is driven by its accessibility and a mix of housing stock, with houses seeing particularly robust competition. Recent price trends show solid growth in the housing segment, though the unit market has experienced some softening. Future growth is underpinned by consistent sales activity and high auction clearance rates, yet the market remains sensitive to broader affordability constraints and economic conditions.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

4

Land

724mΒ²

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